• Wed, May 21, 2025

by: legit

G7 finance chiefs begin talks under strain of Trump tariffs

G7 finance leaders exchanged pleasantries before tough discussions Wednesday, seeking to restore stability in the face of economic turbulence from US President Donald Trump's punishing tariffs -- and to strengthen support for Ukraine.

by: PBS

Trump's tariffs will test U.S. allies at G7 finance ministers' summit

The annual meetings of the Group of 7 finance ministers, known as the G7, are typically congenial and in previous years have produced joint commitments to combat inflation and counter the COVID pandemic. There may be less agreement this year.

by: Flightglobal

Gol's financial restructuring approved by US bankruptcy court

Brazilian carrier Gol secured approval on 20 May of its financial restructuring plan after filing for Chapter 11 bankruptcy last year.

by: Forbes

How Small Businesses Can Find U.S. Suppliers With the SBA's New Portal

The SBA launched a portal to help small businesses find U.S. suppliers. The issue is it tries to solve something that isn't the real barrier to onshoring.

by: Fortune

Trump tariffs are 'a recipe for making Americans worse off,' Cato Institute says

No one will be economically better off if reciprocal tariffs are imposed and a trade war escalates, the libertarian think tank told Fortune.

by: CNN

Tariffs threaten Maryland veteran's small business for pets | CNN Business

Barton O'Brien joins The Lead

by: ThePrint

Canadian finance minister touts progress in talks with US counterpart

By Promit Mukherjee BANFF, Alberta (Reuters) -Canada's finance minister said on Wednesday that he had a good meeting with U.S. Treasury Secretary Scott Bessent and that both were pleased with the

by: Reuters

Trump says he's seriously considering taking Fannie Mae and Freddie Mac public

U.S. President Donald Trump said on Wednesday he will make a decision in the near future about taking mortgage finance firms Fannie Mae and Freddie Mac public, saying that he is giving "very serious consideration" to doing so.

by: AFP

G7 finance chiefs seek unity as Canada talks near end

Talks among G7 finance ministers faced challenges Wednesday as the group worked to overcome divides on thorny issues like the impact of US President Donald Trump's tariffs and support for Ukraine.

by: Fortune

Trump tariffs leave Northern Ireland, and its whiskey and plane makers, at the whim of the EU

Northern Ireland's special relationship with the U.K. and EU could make or break the country after Trump's tariff rollout.

by: Reuters

US business equipment borrowings decline in April, ELFA says

U.S. companies borrowed 4.4% less to finance equipment investments in April compared with the same period from the year earlier, the Equipment Leasing and Finance Association (ELFA) said on Wednesday.

by: CNN

Universal's epic new theme park kicks off latest front in media wars | CNN Business

This is an epic — pardon the pun — week for Comcast and the wider media business.

by: Forbes

3 Ways Suppliers Can Help Small Businesses Access Financing

Understanding supplier and vendor financing options can help small businesses navigate financial challenges. Here are some of the most common types of this funding.

by: Reuters

G7 finance leaders try to downplay tariff disputes, find consensus

Finance leaders from the Group of Seven industrialized democracies sought on Wednesday to downplay disputes over U.S. President Donald Trump's tariffs and find some common ground to keep the forum viable as they met in the Canadian Rocky Mountains.

by: Forbes

5 Ways To Support Small Businesses During Small Business Month

Here are five ways you can support small business owners in your community during National Small Business Month.

by: Fortune

Current refi mortgage rates report for March 26, 2025

by: Forbes

Five Grounding Principles For Business Success That Don't Involve Money

Companies are in business to make money, but in my view, money shouldn't be the only or most significant factor motivating people to achieve success.

by: Fortune

Trump's tariffs have pushed markets to the doorstep of 'correction territory' says Wall Street

Analysts have pointed out that while the S&P 500 hasn't officially yet entered a correction, many of the stocks on the index have. Continued volatility is expected as Trump's policy moves continue.

by: Reuters

German finance minister and US treasury secretary Bessent met bilaterally, source says

BANFF, Canada (Reuters) -German Finance Minister Lars Klingbeil met United States Treasury Secretary Scott Bessent on Wednesday for a bilateral conversation on the sidelines of the G7 finance ministers' consultations in Canada, a German source in G7 circles told Reuters. Both agreed to meet again in Washington, with Bessent inviting Klingbeil. Klingbeil emphasized the importance of close transatlantic relations, especially in light of current geopolitical and economic challenges, the German source said.

by: Forbes

Pope Leo XIV's Lessons For Business Leaders

The compassionate, socially conscious vision of Pope Leo XIV has been publicly embraced with an energy that may well impact the initiatives of business leadership.
  • Thu, May 22, 2025

by: WESH

Orlando restaurants hope new theme park means more business

With Epic Universe set to officially open Thursday, Orlando businesses are hoping it will bring more customers with it.

by: KHQ

Moses Lake School District seeks new business manager amid budget crisis

MOSES LAKE, Wash. - The Moses Lake School District is actively searching for a new business manager to address its financial challenges.

by: Variety

Australia-India Financing Venture Southern Sitara Bows at Cannes Market With Cross-Cultural Slate (EXCLUSIVE)

The growing appetite for Australia-India co-productions has spawned a financing entity designed to bridge the two markets with structured investment.

by: Impacts

This New Cryptocurrency: Mutuum Finance (MUTM) Is Getting More Search Traffic Than Ethereum (ETH)

For most of 2025, Ethereum (ETH) has been one of the most searched cryptocurrencies. However, this trend is taking a sharp turn

by: Forbes

Essential Steps For Ensuring Business Continuity

To help protect your business, consider the following as an approach to planning, responding and recovering to an any-event scenario.

by: Reuters

Global Chamber Gathers Business Leaders for Globinar on AI

Co-hosted by Global Chamber's New York City and London chapters, the theme of the event is "Be AI-Ready - Strategizing for the Future of Global Business"

by: IndieWire

The Family Business Takes a Treacherous Turn in 'The Waterfront' Trailer

The new Netflix series from Kevin Williamson follows a North Carolina family desperate to save their business and their name.

by: Fortune

U.S. Mint says its most recent order of penny blanks will be its last

After they run out, the Mint plans to no longer produce pennies.

by: FreightWaves

Small businesses at risk as Canada Post workers prepare to strike

Postal workers in Canada have threatened to go on strike Friday, which would shut down most delivery services and hurt businesses that depend on Canada Post to fulfill orders. The post Small businesses at risk as Canada Post workers prepare to strike appeared first on FreightWaves.

by: rnz

Analysis: Finance Minister delivers 'nip and tuck' Budget

Despite the promised boost to health, education, and law and order, middle income New Zealanders may well be feeling shortchanged.

by: BBC

West End theatre to have its finances investigated

Seven Dials Playhouse says it is disappointed but will cooperate with the investigation.

by: CNN

The curious case of Trump's disappearing media transcripts | CNN Business

The Trump White House, which touts itself as "the most transparent" administration in history, has removed a database of official transcripts documenting the president's announcements and appearances.

by: PBS

NJ Spotlight News | Business Report: Chamber wants more help for businesses | Season 2022

Sen. Booker announces $177M in federal funding for neighborhoods, affordable housing

by: CNN

Selena Gomez created this first-ever Oreo flavor | CNN Business

Selena Gomez isn't a stranger to collaborations on her music, but her latest one is a bit unusual: It's an Oreo.

by: BBC

'Our business needs Irish Sea border reset'

A summit on Monday is expected to include an "agreement to agree" on trade issues.

by: Fortune

Navigating the tariff economy for small businesses

The co-owner of Uncle Jerry's pretzels offers her advice.

by: Reuters

G7 likely to have joint communique on Ukraine support, German Finance Minister says

BANFF, Alberta (Reuters) -German Finance Minister Lars Klingbeil said on Thursday the Group of Seven advanced economies will most likely have a joint communique showing its support for Ukraine. "We will make it clear and I am very positive that we will also reach a joint communique," Klingbeil said at a press conference in Banff. If Russia is not prepared to enter into serious negotiations with Ukraine, "we will consider further sanctions," he added.

by: rnz

New Plymouth businesses largely support 'investment boost' package

The boost allows the deduction of 20 percent of the cost of new assets on top of normal depreciation.

by: Forbes

How To Build A Successful Business: A 4-Step Guide For Business Owners

The role of a business owner is more than just launching the company. Owners are the driving force behind its growth and sustainability.

by: BBC

'Catching up to midfield group will require a busy summer'

One problem with 'dead' games at the end of the season - aside from the unsatisfactory description - is that the apparently low stakes leave too much time for wandering thoughts, reading things between the lines of the teamsheet that might not be there. Hence, after the team news dropped at Selhurst Park, it was tempting to look for deeper meaning in it, especially bearing in mind that Vitor Pereira had said he would not be giving "gifts" of places in the team to fringe players as some sort of thanks for training patiently in the background. "It is time to understand what they can give to us," Pereira told me afterwards, and that seems a perfectly sensible use of the last week of the season in the circumstances, notwithstanding the financial value of every position in the final table.

by: Fortune

Jaguar is going on a world tour to sell its controversial rebrand to wealthy art lovers

Jaguar's rebrand caused a social media storm last November as the carmaker diverged from its traditional audience in search of young customers.

by: Forbes

Rethinking Payouts, Perks And Financial Access Through Embedded Finance

As more businesses embrace embedded finance, the traditional boundaries between commerce and banking are starting to dissolve.

by: CNN

The Treasury unveils its plan to kill the penny | CNN Business

The US Treasury is phasing out production of the penny and will soon stop putting new one-cent coins into circulation, the department said in a statement Thursday.

by: CNN

Anthropic says its new AI model can work almost an entire workday straight | CNN Business

Artificial intelligence startup Anthropic says its new AI model can work for nearly seven hours continuously, further signaling AI's growing presence in the workplace.

by: BBC

Homes and business plan for Sheffield used car site

A decision on the plans for the site in sheffield is expected to be announced later this year.

by: Fortune

Northvolt to stop production at end of June without buyer

Northvolt's Chief Operating Officer Matthias Arleth is expected to deliver the news of the final production line closure to the company's 900 staff later today.

by: CNN

Nike is raising prices - and returning to Amazon | CNN Business

Nike is returning to Amazon after an absence of more than five years and hiking prices on some products as its new CEO works to reverse a revenue slump.

by: Fortune

Why GE Vernova's stock is power surging

GE Vernova is thriving on its gas turbine business despite its initial emphasis on renewables.

Trump's tariffs have pushed markets to the doorstep of 'correction territory' says Wall Street

Analysts have pointed out that while the S&P 500 hasn't officially yet entered a correction, many of the stocks on the index have. Continued volatility is expected as Trump's policy moves continue.
In an article published on March 12, 2025, by Fortune, analysts from UBS, Deutsche Bank, and US Bank discussed the potential impact of former President Donald Trump's proposed tariffs on the U.S. economy. The article highlights that Trump's plan to impose a 10% tariff on all imports and a 60% tariff on Chinese goods could lead to a significant market correction. UBS predicts a potential 5% drop in the S&P 500, while Deutsche Bank foresees increased inflation and reduced consumer spending. US Bank analysts suggest that these tariffs could trigger a trade war, negatively affecting global economic growth. The consensus among the banks is that such policies would disrupt current market stability and could lead to broader economic repercussions.

Read the Full Fortune Article at:
https://fortune.com/2025/03/12/trumps-tariffs-market-correction-ubs-deutsche-us-bank-analysis/
Like: 👍